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The sad part is, you didn't really "profit" if the broader area you live in is up 10%.
by artursapek 3y ago
The sad part is, you didn't really "profit" if the broader area you live in is up 10%.
- steve_adams_86 3y agoYou’re right, and this is why so many people sold in my area and moved to cheaper areas. That has had a dramatic negative impact on those small towns, and their values (and property taxes) have exploded as a result. It’s a concerning situation. I don’t plan to sell or leave to another place. I’m just disconcerted by buying a home and having the value increase before I ever set foot in it. That’s not normal, and it signals bad things are coming (to me).